Bizum, now it's a lot more

Bizum is a fast and safe instant payment service for sending and receiving money that lets you transfer money from your account to another person's account without needing to know their account number. Simply enter their cell phone number and they will receive the money in their checking account instantly and completely free of charge. This service is built into your bank's app. It's as easy as sending a text message. Simply enter the cell phone number of the recipient and that's it.

All you need is an open bank account with the bank and an active telephone number.

Sign up for Bizum from your BBVA app:

• Open your app, select Bizum, and choose the account you want to link the service to.
• Accept the Terms and Conditions.
• Sign the operation through biometrics or SMS code and click finish.

If you have Bizum in another bank:

• Access your BBVA app and go to Bizum.
• Ask for registration, and our app will recognize that you've already linked it to another entity. We'll then send you an SMS code to complete the portability process.
• Sign by entering the SMS portability code and click finish.

After registration:

• In the BBVA app, go to Bizum, and choose the phone number or contact you want to send the money to.
• Choose the amount, sign your transaction and send the bizum.
• If the recipient has Bizum, the money will arrive within 10 seconds. If not, they will get a message to register and receive the funds.

If you are the Bizum issuer

• Limits per operation: there is a minimum of €0.50 and a maximum amount of €1,000 in a single transaction.
• Time limit: you can send up to €2,000 per day through Bizum, with a monthly limit of €5,000 in total.

If you are the Bizum recipient

• The limits per transaction are the same as when sending: a minimum of €0.50 and a maximum amount of €1,000 in a single transaction.
• Time limit: you can receive a maximum Bizum amount of €2,000 per day.
• Limit per number of transactions: You can receive a maximum of 60 bizums per month.
  

If you are buying or making refunds online

• There is a minimum of €0.01, and you can make purchases or returns up to €3,000 per day and a total of €5,000 per month.
  

If you make a donation

• Limits per operation: you can make a minimum donation of €0.50 and a maximum amount of €1,000 in a single transaction.
• Time limit: you can make a maximum donation of €2,000 per day and a maximum total of €5,000 per month.
  

At Loterías y Apuestas del Estado

• Limits per transaction on purchases: there is a minimum of €0.01
• Time limits on purchases: the maximum amount of daily payments is €3,000 per day and €5,000 per month
• Limits per operation in payments collected: there is a minimum of €0.50 and a maximum amount of €2,000 in a single transaction.
• Time limit on payments charged: a maximum amount of €40,000 in one day and a total of €40,000 over an entire month.
  

BBVA customers have two complementary options:

• BBVA Pay: Integrated directly into the BBVA app. Ideal for users who already use the bank's mobile payment service (for Android and iOS).
• Bizum Pay*: A new standalone app or "wallet" (available for download in the iOS and Android app stores). It allows you to group payments with Bizum in one place and even add bank cards from BBVA or other banks.

The service will initially only be available through BBVA Pay for Android devices. Other solutions will arrive gradually over the next few months.

*Coming soon

The entire registration and validation process begins securely from the BBVA app.

1. For BBVA Pay: Accede a Menú > Hacer una operación > Bizum > Bizum en Comercios > Pago en Comercio Físico > BBVA Pay y sigue los pasos.
2. For Bizum Pay*: You will need to download the app from an official store first. Then, you have the option to:

• Enter your phone number to be redirected to the BBVA app and sign the terms and conditions
• Ir a Menú > Hacer una operación > Bizum > Bizum en Comercios > Pago en Comercio Físico > Bizum Pay y seguir los pasos.

It is also possible to activate a BBVA card in Bizum Pay, even if you are registered with Bizum at another bank (and have Bizum Pay active at that other bank). To do this, you will need to access the card you wish to register, click on Mobile payment, select Bizum Pay and follow the steps to complete the process.

*Coming soon.

The experience is identical to paying with a card or another x-Pay.

Once Bizum is activated as a payment method in BBVA Pay or Bizum Pay*, you just have to unlock your cell phone (with fingerprint, facial recognition or pattern) and move it close to the store's card reader.

You won't need to enter any PIN code on the card reader, as the authorization is done on your device.

*Coming soon.

In any physical store that has a contactless payment terminal (POS terminal) and displays the Bizum sticker/branding. 

If the store's POS terminal does not support payment with Bizum, the customer must change the payment method to a compatible one (card):

• In BBVA Pay, you will need to change the default payment method in the card carousel.
• In addition to the above, Bizum Pay* offers the possibility of setting a card as a fallback/backup payment method, so that, in case of incompatibility at the POS terminal, the payment is processed automatically by card.
  

*Coming soon.